While short-term rental stays that took place during February were at a record low, new bookings made during the month hit a high, according to short-term rental analytics company AirDNA. Continue reading
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida’s 2020 Demographic Estimating Conference suggest the migration patterns are negligible. Continue reading
iBuyers purchased 0.3 percent of all homes sold across 418 U.S. metro areas analyzed by Redfin during the fourth quarter of 2020, down from 0.8 percent of all homes sold the year before. Continue reading
Project REACh aims to address economic disparities that hinder wealth creation in underserved communities by supporting community banks. Continue reading
Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership. Continue reading
Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. Continue reading
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading
Of the 10 largest real estate firms, eight are now publicly traded. These companies represent 575,000 agents, almost 45 percent of all Realtors. Continue reading
The latest data from property analytics provider CoreLogic shows that while mortgage delinquency rates are much higher than they were at the same time last year, they also saw a small drop between November and December. Continue reading
The COVID-19 crisis isn’t over, but new guidance gives people significantly more freedom to gather without the encumbrances of the pandemic. That could prove liberating for real estate agents. Continue reading